Independent journal on economy and transport policy
16:05 GMT+2
Sabena Nears Rescue Package
(The New York Times)
February 20, 2001
By Paul Meller
BRUSSELS, Feb. 19 - The talk at Sabena, Belgium's cash-short national airline, is not about the restructuring plan that is about to be approved by the owners. It is about the rescue plan that might have to follow.
The airline's shareholders, the Belgian government and SAirGroup of Switzerland, will formally agree to contribute a total of $232 ...... Read more on The New York Times
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